$1,695,000
Agent: Kemp Real Estate
RLA:1292
Phone: Steve Kemp 0418 837 075
Fully Leased Dominant Retail Hub Investment
Corner CBD site with the best exposure in the thriving regional centre of Ceduna.
– Fully leased commercial site with mix of retail businesses and commercial office tenancies, making this an ideal superannuation investment.
– Current gross income AUD $138,913.68 per annum excluding GST.
– Split level commercial development with seven ground floor retail tenancies and one upper level office tenancy.
– Extensive frontage 33.39 metres on Poynton Street and 25.15 metres on McKenzie Street.
– Combined land area of 861 square metres.
– No stamp duty payable.
– The site has excellent on street parking and easy access to all tenancies.
– Situated minutes from beach, Foodland Supermarket, Ceduna Hotel, Post Offi ce and Caravan Park.
The current owner has enjoyed good financial return on this building for over 30 years.
The decision to sell is due to a desire to downsize investments due to age.
This is an ideal investment showing great returns for a superfund or private holding.
The property can be easily be self managed or placed under a commercial leasing management agent.
For further details and information memorandum please contact exclusive selling agent Steve Kemp on 0418 837 075.
